DONALD TRUMP
Donald Trump
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Personal details
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Born
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Donald John Trump
June 14, 1946 (age 69) Queens, New York City, U.S. |
Nationality
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Political party
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Republican
(2012–present; 2009–11; 1987–99) Previous party affiliations:
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Independent (2011–12)
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Democratic (2001–09; until
1987)
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Reform (1999–2001)
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Spouse(s)
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Ivana
Zelníčková (m. 1977–91)
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Marla Maples (m. 1993–99)
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Melania Knauss (m. 2005)
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Relations
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Maryanne Trump Barry (sister)
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Frederick
Trump (grandfather)
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Children
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with Zelníčková:
Donald Trump, Jr. Ivanka Trump Eric Trump with Maples: Tiffany Trump with Knauss: Barron Trump |
Parents
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Mary Anne MacLeod
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Residence
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Trump Tower, Manhattan,
New York City, U.S.
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Mar-a-Lago, Palm Beach,Florida,
U.S.
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Education
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Occupation
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Chairman and president
ofThe Trump Organization
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Chairman of Trump
Plaza Associates, LLC
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Chairman of Trump
Atlantic City Associates
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Host of The Apprentice(2004–15)
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Religion
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Signature
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Website
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Donald John Trump (born June 14,
1946) is an American businessman, politician,
and television
personality. He is the chairman and president of The Trump Organization and the founder
of Trump Entertainment Resorts. Trump's
career, branding efforts, personal life, wealth, and outspoken manner have made
him famous. Since June 2015, he has also been a candidate for theRepublican nomination for President of the United States in
the 2016 election.
Trump is a native of New York City and
a son of Fred Trump, who inspired him to enter real estate development.
After two years atFordham University and while studying
at Wharton School
of the University of Pennsylvania, Trump worked for his father's
firm, Elizabeth Trump & Son. Upon graduating in 1968 he joined the company,
and in 1971 was given control, renaming the company "The Trump
Organization". Since then he has built hotels, golf courses, and other
properties, many of which bear his name.
He is a major figure in the American business scene and has received prominent
media exposure. The NBC reality
show The Apprenticebolstered his fame, and
his three marriages were extensively reported in tabloids.
Trump ran for President of the United
States in 2000, and conducted an exploratory campaign and
won two Reform Party primaries.
In June 2015, Trump announced his candidacy for president in the 2016 election,
and his campaign for the Republican nomination has drawn widespread media
coverage partly due to his controversial statements and policy positions. He
has consistently been the front-runner in public opinion polls for
the Republican nomination, running on a populist platform
that appeals to the concerns of working-class voters who feel displaced by job
losses and other issues. Trump's politically incorrect anti-illegal-immigration politics, and concentration
on terrorism and national security concerns, have garnered support among
working-class voters as well as opposition from a number of Hispanics/Latinos, Muslims,
business leaders, Democrats, Republicans, foreign leaders
and the Pope
Donalds Early life
Donald John Trump was born on June 14, 1946 in the Queens borough of New York City. He
is the fourth of five children to Mary Anne (née MacLeod; 1912–2000), a
homemaker and philanthropist and Fred Trump (1905–1999),
who worked as a real estate developer. His mother was born at Tong on
the Scottish island
of Lewis. In
1930, aged 18, she visited the United States and met Fred Trump. They were
married in 1936 and settled in Jamaica Estates, Queens, and Fred Trump
eventually became one of the city's biggest real estate developers. Trump
has one brother, Robert (born 1948), and two sisters: Maryanne (born 1937) and Elizabeth (born
1942). Maryanne is a United States federal judge on senior status for
the United States
Court of Appeals for the Third Circuit. Another
brother, Fred Jr. (1938–1981), died of complications from alcoholism.
Trump's paternal grandparents, Elizabeth (née Christ) and Frederick Trump,
were emigrants who moved to the United States fromGermany in
1885. Frederick
worked as a successful Klondike Gold Rush restaurateur.]His
family surname was originallyDrumpf, but this was changed to Trump in
the 17th century. In
Trump's 1987 book, The Art of the Deal, he incorrectly
states that Frederick Trump was of Swedish origin, assertion that Fred Trump had made for many years. Trump
later acknowledged his German ancestry and served as grand marshal of
the 1999 German-American Steuben Parade in New
York City.
The family had a two-story mock Tudor Revival home on Wareham Place
in Jamaica Estates where
Trump lived while attendingThe Kew-Forest School. At Kew-Forest, Fred
Trump served as a member of the Board of Trustees. In 1983, Fred told an
interviewer that Donald "was a pretty rough fellow when he was
small", prompting him to enroll Donald in the New York Military Academy(NYMA). Trump
finished eighth grade and high school at NYMA. During
his senior year, Trump participated in marching drills and wore a uniform,
attaining the rank of captain. In
2015, he told a biographer that NYMA gave him "more training militarily
than a lot of the guys that go into the military".
Trump attended Fordham University for two years. He
entered the Wharton School of Business at
the University of Pennsylvania, as Wharton
then offered one of the few real estate studies departments in U.S. academia. While
there, he worked at his father's company, Elizabeth Trump & Son. Trump
graduated from Wharton in 1968 with a bachelor's degree in economics.
Trump was eligible for the draft lottery during the Vietnam War. "I
actually got lucky because I had a very high draft number" he told WNYW in 2011. Selective Service records retrieved
by The Smoking Gun website from the National Archives show
that, although Trump did eventually receive a high selective service lottery number in 1969,
he was not drafted earlier secondary to four student deferments (2-S) while
attending college, as well as a medical deferment (1-Y, later
converted to 4-F) obtained in 1968 after his college graduation, prior to the
lottery being initiated. Trump
was deemed fit for service after a military medical examination in 1966 and was
briefly classified as 1-A by a local draft board shortly before his 1968
medical disqualification. Trump
attributed his medical deferment to "heel spurs"
in both feet, according to a 2015 biographer, but
told an Iowa campaign audience he suffered from a spur in one foot, although he
could not remember which one
Business career
When Trump graduated from college in 1968, he was worth about
US$200,000 (equivalent to $1,021,000 in 2016). He
began his career at his father's real estate company,Elizabeth
Trump and Son, which
focused on middle-class rental housing in the New York City boroughs of Brooklyn,
Queens, and Staten Island. During his undergraduate study,
one of Trump's first projects was the revitalization of the foreclosed Swifton
Village apartment complex in Cincinnati,
Ohio, which his father had purchased for $5.7 million in 1962. Fred
and Donald Trump became involved in the project and, with a $500,000
investment, turned the 1,200-unit complex's occupancy rate from 34% to 100%.
Trump oversaw the company's 14,000 apartments across Brooklyn, Queens, and
Staten Island. In
1972, The Trump Organization sold Swifton Village for $6.75 million.
In 1971, Trump moved to Manhattan,
where he became involved in larger construction projects, and used
attractive architectural design to win public
recognition. Trump
initially came to public attention in 1973 when he was accused by the Justice Department of
violations of the Fair Housing Act in the operation of 39
buildings. Trump in turn accused the Justice Department of targeting his
company because it was a large one, and in order to force it to rent to welfare recipients. Trump
settled the charges in 1975, saying he was satisfied that the agreement did not
"compel the Trump organization to accept persons on welfare as tenants
unless as qualified as any other tenant."
Trump had an option to
buy and made plans to develop the Penn Central Transportation Company property,
which was in bankruptcy. This included the 60th Street rail yard on
the Hudson River—later developed as Riverside South—as well as the land
around Grand Central Terminal, for which he paid
$60 million with no money down. Later,
with the help of a 40-year tax abatement from the New York City government, he turned the
bankrupt Commodore Hotel next to Grand Central
into the Grand Hyatt and
created The Trump Organization.
Trump promoted Penn Central's 30th Street rail yard as a site
for New York City's planned Jacob K. Javits Convention Center.
Trump estimated his company could have completed the project for
$110 million, but,
while the city chose his site, it rejected his offer and Trump received a
broker's fee on the sale of the property instead. Repairs on the Wollman Rink in Central Park,
built in 1955, were started in 1980 with an expected 2 1⁄2-year
construction schedule, but were not completed by 1986. Trump took over the
management of the project without the city needing to pay anything, and
completed it in three months for $1.95 million, which was $750,000 less
than the initial budget.
In 1988, Trump acquired the Taj Mahal Casino in
a transaction with Merv Griffin and Resorts International, which
led to mounting debt, and
by 1989, Trump was unable to meet loan payments. Although he secured additional
loans and postponed interest payments, increasing debt brought Trump to
business bankruptcy by 1991. Banks
andbondholders had
lost hundreds of millions of dollars but opted to restructure the debt. The Taj
Mahal emerged from bankruptcy on October 5, 1991, with Trump ceding
50 percent ownership in the casino to the original bondholders in exchange
for lowered interest rates on the debt and more time to pay it off. He
also sold his financially challenged Trump Shuttle airline
and his 282-foot megayacht, the Trump Princess. The
late 1990s saw a resurgence in Trump's financial situation. The will of Trump's
father, who died in 1999, divided an estate estimated at $250–300 million
equally among his four surviving children.
In 2001, Donald Trump completed Trump World
Tower, a 72-story residential tower across from the United Nations Headquarters. Also,
he began construction on Trump Place,
a multi-building development along the Hudson River.
Trump owns commercial space in Trump International Hotel and Tower,
a 44-story mixed-use (hotel andcondominium)
tower on Columbus Circle. Trump owns several million
square feet of prime Manhattan real estate.
Trump has licensed his name and image for the development of
many real estate projects. At least two Trump-branded real estate projects have
gone into foreclosure. The
Turkish owner of Trump Towers Istanbul, who pays Trump for the
use of his name, was reported in December 2015 to be exploring legal means to
dissociate the property after the candidate's call to ban Muslims from entering
the U.S.
DONALDS
NET WORTH
Donald
Trump has an estimated net worth of $4.5 billion as of January 2016, according
to Forbes. In 2003, Trump became the executive producer and host of the NBC
reality show, The Apprentice,
in which a group of competitors battled for a high-level management job in one
of Trump’s commercial enterprises. The other contestants were successively
“fired” and eliminated from the game. In 2004, Donald Trump filed a trademark
application for the catchphrase “You’re fired”.
For
the first year of the show Trump was paid $50,000 per episode (roughly $700,000
for the first season), but following the show’s initial success, he is now paid
a reported $3 million per episode, making him one of the highest paid TV
personalities.
Donald
Trump is considered a possible candidate for President of the United States in
2012.President Trump?So when will he announce his decision? Probably, he told
Forbes, at the season finale of Celebrity Apprentice in June. A man with many
dreams: Trump also recently said that he’d consider bailing out the New York
Mets to help out his friend, Mets owner Fred Wilpon.
The
Donald promotes his golf courses through Golf Channel and is producing MTV’s
new reality series Ladette to Lady. His name is emblazoned on alcohol, ties,
even mattresses. But does the brand have value? Trump says it’s worth at least
$6 billion
Donald Trump net
worth: Donald Trump is an American real-estate developer, author and television
personality who has a net worth of $4.5 billion. His annual salary for
Celebrity Apprentice is $60 million. Trump has been a major figure in both
domestic and international real estate since the late 1960s and continues to
build and diversify his business empire. Trump was raised in New York City and
attended Fordham University and the Wharton School at the University of
Pennsylvania. Immediately after earning his degree in Economics, he returned to
New York and went to work for his father's real estate company, The Trump
Organization. His first major success was transforming the bankrupt Commodore
Hotel into the Grand Hyatt.
Other Trump properties include Trump Tower, valued at $288
million, Trump World Tower, valued at $290, and a variety of Trump resort
casinos located around the United States. In addition, the Trump name is
licensed to properties worldwide, earning Trump an estimated $562 million.
Since its premiere in 2003, Trump has also earned two Emmy Awards for his role
in the reality show The Apprentice, on which he appears as himself and for
which he is reportedly paid $3 million per episode. Trump married Ivana
Zelnickova (later Ivana Trump)
in 1977, and together they had three children: Donald Jr., Ivanka, and Eric.
However, the couple split in 1992, and in 1993 he married his much-publicized
mistress, Marla Maples, who gave birth to a daughter, Tiffany. They divorced in
1999, and in 2004, Trump married Melania Knauss, who gave birth to his fifth
child, William Barron Trump.
Donald Trump's net worth – Is It $4.5 Billion or $9
Billion?
In June 2015, Donald announced that he was running for
President. With his announcement he released an estimate of his personal wealth
which pegged his net worth at $8.7 billion. The
main reason this net worth differs from most generally accepted evaluations of
his wealth, has to do with how Donald values his personal brand. In his
net worth estimate, Donald values his personal brand at $3.3 billion. Other
analysts value the brand at closer to $50 or $100 million.
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